Abstract

The article proves that at the present time when countries are joining forces to recover, prosper and overcome the global economic and financial crisis associated with COVID- 19, scientists and practitioners are focusing on updating the development of innovative entrepreneurship. It will lead to economic recovery, job creation, and in the long run, it will lead to a reduction in poverty. It will lead to the solution of crucial social problems. Ensuring the increase in sufficient activity of economic entities in presentday conditions of operation requires a timely review of the needs of the external and internal environment and the search for ways to meet them. The purpose of the article is to identify the key parameters of the activation of innovative development in the context of the DEST World

Highlights

  • Today, the world is experiencing a decline in stock indices, the flight of investors from developing countries, declining demand in world commodity markets, a record decline in the Dow Jones industrial average, oil wars

  • The World Health Organization (WHO) has announced that the COVID-19 virus has reached a pandemic scale – most countries have pledged to implement restrictive measures to prevent the spread of the disease

  • To intensify the innovative development of the enterprise, an essential condition for maintaining its market position and scaling in the future is meeting the needs of external customers, and internally – management at various levels, owners, shareholders, and other stakeholders

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Summary

Introduction

The world is experiencing a decline in stock indices, the flight of investors from developing countries, declining demand in world commodity markets, a record decline in the Dow Jones industrial average, oil wars. To intensify the innovative development of the enterprise, an essential condition for maintaining its market position and scaling in the future is meeting the needs of external customers, and internally – management at various levels, owners, shareholders, and other stakeholders.

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